Ford says it takes up to 10 years to complete permitting requirements for critical mineral mining in the US, versus two to three years in Canada and Australia.
When the additional facilities come on line between 2024 and 2026, Toyota's battery production capacity in the two countries will have increased by 40 gigawatt-hours.
A specialist panel tasked with formulating battery strategy also set a target of securing 30,000 trained workers for battery manufacturing and supply chains by 2030.
Lithium prices have jumped almost 80% in China this year, with the recent power crunch in Sichuan, home to over one-fifth of the country’s lithium production, adding impetus to the rally.
The newly approved plan will cost the company $52 million in investments and measures taken to address six environmental infractions detected by Chile's regulator.
In a paper published in the journal Nature, the researchers explain that the new battery architecture uses aluminum and sulphur as its two electrode materials.